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    </table><p class="style24"><img src="images/WFHedgeFunds11.gif" width="150" height="150" alt=" World Finance" longdesc="images/WFHedgeFunds11.gif" /> <br>Most Innovative Fund<br>of Funds in the World</p></td>
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    <td align="center" valign="top" bgcolor="#FFFFFF" class="green_block"><div align="left">Alexander Polykovskiy</div></td>
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    <td colspan="3" align="center" valign="top" bgcolor="#FFFFFF" class="green_block"><div align="left">Timothy Enneking</div></td>
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Dr. Polykovskiy holds a Doctorate in Business Administration in Finance, specializing in project finance and direct investment. He has been involved with foreign financing of Russian projects for the past 12 years.
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He started his own successful logistics business in Russia shortly after the breakup of the Soviet Union. 
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For the six years prior to founding Altima and Tera, Dr. Polykovskiy was a principal in a variety of private equity investment projects, using his own funds and funds from outside investors.
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He has been doing business in Russia, other CIS countries and Eastern Europe for over 17 years.</p></td>
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Mr. Enneking maintains his full-time residence in Moscow and has lived and worked in Russia since 1994. Prior to founding Altima and Tera, he was a director of two diversified private equity (PE) funds, one founded in 1996, and the second created in 2005 by splitting the original fund into two funds, with approx. $50 million under management.
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              As Vice President for Mergers and Acquisitions (M&amp;A) of a major European company, Mr. Enneking has conducted analyses of approximately 1,000 companies located throughout Europe and was the principal on transactions totaling over $8 billion over the past 12 years.<br /></p>        
          <p class="text">Mr. Enneking holds an undergraduate and three graduate degrees in international business (MBA) and law (JD), including one post-doctoral degree (LLM). He also holds a graduate degree in International Security Studies. He has taught in English, Russian and French in various undergraduate and graduate business schools in the US, France and Russia. </p>
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